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2009 (10) TMI 23 - AAR - Income TaxProcessing – Fruit Juice, Mixed Fruit Juice, Fruit Juice Concentrate, Fruit Powder – held that - the expression should not be confined to minimal processing that would not change the identity of the fruit. If processing and preservation is to be confined only to fruits as such and not to the derivatives from the fruits, the benefit intended to be given to agro-processing industries will operate in a very limited sphere, thereby defeating the very object of the provision. The extraction of juice and oil from the fruits or further converting the homogenized juice into fruit powder and adding the substances meant for preservation would legitimately fall within the sweep of the expression ‘processing’ – exemption u/s 80IB allowed.
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